Lip Bu Tan - 23 Aug 2021 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
CEO, Director
Signature
Shirley X. Li, Attorney-in-Fact for Lip-Bu Tan
Issuer symbol
CDNS
Transactions as of
23 Aug 2021
Net transactions value
-$732,547
Form type
4
Filing time
24 Aug 2021, 17:09:57 UTC
Previous filing
17 Aug 2021
Next filing
17 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Tax liability $732,547 -4,627 -0.63% $158.32 731,357 23 Aug 2021 Direct F1
transaction CDNS Common Stock Gift $0 -4,212 -0.58% $0.000000 727,145 23 Aug 2021 Direct F2
transaction CDNS Common Stock Gift $0 +4,212 +0.32% $0.000000 1,313,127 23 Aug 2021 Held by Trust 2 F2, F3
holding CDNS Common Stock 15,000 23 Aug 2021 Held by Trust 1 F4
holding CDNS Common Stock 7,000 23 Aug 2021 Held by Trust 3 F5
holding CDNS Common Stock 31,400 23 Aug 2021 Held by IRA F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.
F2 Shares transferred to the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
F3 Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
F4 Shares held by A&E Investment LLC, the sole member of which is the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
F5 Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.
F6 Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.